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Jan 20, 2013
01/13
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doctor, give me the news, and a private efcacy group in support of the health care laws is now hosting a tax section with journalists on the best way to cover the president's health care law, offering what they're calling specialized education in health care reporting. charlie gasperino. >> i can't wait to sign up, dude. (laughter) >> isn't that weird and that anyone would sign up for, i'm sorry we got it wrong. >> any, any journalists that signs up for this should be thrown out of the industry immediately and taking-- i'm trying to take it seriously. it's so stupid it's unbelievable. i'm going to pass this to adam. >> adam, what-- (laughter) >> i'm going to try to explain. part of this they think there's bad report ong this because the reporters don't know what's in the law and they want toive them the straight skinny right from the folks who wrote it. what do you make of that? >> normally, on journalistic issues charlie and i are in lockstep. i disagree with you, if you're a reporter covering the intricacies of this extremely complicated legislation and regulation, you have nothing to lose
doctor, give me the news, and a private efcacy group in support of the health care laws is now hosting a tax section with journalists on the best way to cover the president's health care law, offering what they're calling specialized education in health care reporting. charlie gasperino. >> i can't wait to sign up, dude. (laughter) >> isn't that weird and that anyone would sign up for, i'm sorry we got it wrong. >> any, any journalists that signs up for this should be thrown...
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Jan 19, 2013
01/13
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we'll let you raise taxes on the rich. which only will reyour trillion dollar deficit spending each year 5%, folks. so they gave them that. what does he come back with? we want more. i want more tax hikes which aren't going to do anything to calm the debt and the spending. he is not willing, and so i think back to what joe said. i think marco said this too. small business owners and large corporations can't trust the president. that's why they're sitting on top of all this cash and not hiring. that doesn't bode well. neil: marco, quickly you see nothing to dissuade you or some of your colleagues from getting off that? >> businesses are still growing, neil but they're not growing as much as they otherwise would. and that uncertainty has a very real trickle down effect. i'll use us as an example. we're building a new gio pronto restaurant right now. i would have loved to borrow the total investment from people like joe and gold coast banking. no way i'm going to do that based on uncertainty. i go borrow less than i would oth
we'll let you raise taxes on the rich. which only will reyour trillion dollar deficit spending each year 5%, folks. so they gave them that. what does he come back with? we want more. i want more tax hikes which aren't going to do anything to calm the debt and the spending. he is not willing, and so i think back to what joe said. i think marco said this too. small business owners and large corporations can't trust the president. that's why they're sitting on top of all this cash and not hiring....
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Jan 19, 2013
01/13
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in the end a tax is a tax. you're talking about taxing products they buy, investment they make for their business, maybe or products they're selling. so it does seem like it would be an impediment elsewhere in their business. they think in the end it is a better tradeoff? >> it is a better tradeoff, again we're talking about simplicity and fairness. give up the exemptions, they're no longer paying corporate tax, if you're a small business, you pay through the indivual income tax anyway. and then the other attractive feature, it means their employees would no longer being paying individual income tax and that's very important to them in terms of attracting talent to their company and to our state. melissa: one place where i think you might have have a problem you say youwant to create jobs in your state but you boast an incredible unemployment rate, 3.7%. i mean, i wasn't even sure that was possible any longer. it is supposed to create inflation when your unemployment rate is below 4%. you don't want to drive th
in the end a tax is a tax. you're talking about taxing products they buy, investment they make for their business, maybe or products they're selling. so it does seem like it would be an impediment elsewhere in their business. they think in the end it is a better tradeoff? >> it is a better tradeoff, again we're talking about simplicity and fairness. give up the exemptions, they're no longer paying corporate tax, if you're a small business, you pay through the indivual income tax anyway....
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Jan 18, 2013
01/13
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income taxes are production taxes. they are taxes on people's ability to produce goods and services. a sales tax is a tax on consumption. on the other side of the coin. he is suggesting that he takes the sales tax exemption, people that are exempted, up to $2.4 billion, he wants to take those away and take away the income tax so that they will all be supported the things that he is doing in the state of nebraska. that is a great idea. it is a lesson that the united states congress should look at before wayne, in a federal level, you are saying congress look at this. >> it will not fly because they are morons. you have idiots up there that combined iq is minus 15. they are paid off the other way. the lobbyists would go out of business. if you had a national sales tax or a national consumption tax, it would be much better than an income tax. dagen: i understand that. it makes our national taxation system incredibly regressive, does it not? >> defined regressive for me. dagen: there is a greater burden on lower income ame
income taxes are production taxes. they are taxes on people's ability to produce goods and services. a sales tax is a tax on consumption. on the other side of the coin. he is suggesting that he takes the sales tax exemption, people that are exempted, up to $2.4 billion, he wants to take those away and take away the income tax so that they will all be supported the things that he is doing in the state of nebraska. that is a great idea. it is a lesson that the united states congress should look...
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Jan 20, 2013
01/13
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we've gotten tax increases. albeit went from the 250,000 limit to 400,00 but at the end of the day it is still a tax increases on small businesses and entrepreneurs like myself who, remind you, many years may have gone with little or no pay. have risked absolutely everything, at times, we even mortgaged our house for our business. and then when we finally do make it and reach a certain income level the government steps in and takes more of our money. somehow that to me is not a pro-growth policy and doesn't encourage growth. neil: are you seeing growth, to his point, are you see some pickup in loan activity because the argument you hear in the white house and other democrats is that that might be the quiet wind behind our back? that might be the pickup that we're seeing in housing and manufacturing data and in some of these job figures. it is picking up. that might ease angst like yours? >> no. we're, we're, actually, what we're seeing is, in the, in the past six months there was that glimmer of hope, the glimme
we've gotten tax increases. albeit went from the 250,000 limit to 400,00 but at the end of the day it is still a tax increases on small businesses and entrepreneurs like myself who, remind you, many years may have gone with little or no pay. have risked absolutely everything, at times, we even mortgaged our house for our business. and then when we finally do make it and reach a certain income level the government steps in and takes more of our money. somehow that to me is not a pro-growth...
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Jan 20, 2013
01/13
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. >> and those trends and benefits are tax they are subsidized with all of us. you are fine with the private sector having commuting cost but signaling o federal workers for the transit part. federal workers get way more benefits and transit is a minor, minor incident of what they are getting. my company makes the decision and not the congress and people that are ben fitting it without me. >> one second. did fox give everybody a subsidy to come to work today and did they pay for your transportation? >> no. >> exactly, they didn't pay for it. >> it was a long walk, everybody. john, going back to one example of what we are dealing with, in regard toz debt and washington and they would not vote on the idea to potentially cut the mass transit subsidy for federal workers. but they are not wanting to cut anything. they have a pet project in dc right now. >> what happened to wayne, johnathon interrupted him and diverted his attention and he ran in a tree, that's what happened. this is typical of congress. they talk about simpson-bowls and they are not doing any of it.
. >> and those trends and benefits are tax they are subsidized with all of us. you are fine with the private sector having commuting cost but signaling o federal workers for the transit part. federal workers get way more benefits and transit is a minor, minor incident of what they are getting. my company makes the decision and not the congress and people that are ben fitting it without me. >> one second. did fox give everybody a subsidy to come to work today and did they pay for...
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Jan 17, 2013
01/13
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tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ [ male announcer ] now many humana medicare plans come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of the vitality healthyfood program... and one more way humana medicare can help you choose what's good for your health and your wallet. so you can spend a little less money... and spend a little more time sharing what you know with the people who matter most. humana. ♪ neil: cornhusker playing tax buster. the republican governor is not showing taxes love. double down on cuts and a lot of cuts. he joins republicans looking to roll back a variety of taxes. dave right now, governor, exbrain you are doin
tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ [ male announcer ] now many humana medicare plans come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of...
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Jan 17, 2013
01/13
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tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment r low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worse
tax. what's happening here? what nebraska governor hopes signals politicians are seeing the light, and then, drones are seen just about everything you do. they are in the air. they are under the sea. they are drowning out your privacy everywhere. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment r low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to...
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Jan 18, 2013
01/13
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they want to move states that are dynamic, cutting taxes. look of other states with zero tax rates, they want to move to dynamic economies. stuart: diana workers leave and dynamic companies that want to hire do not come into illinois. that is the connection with the high level of government spending and government debt. >> precisely right. if you think about this is the scary part for illinois, the people who can leave on the ones that have money and they leave so people forced to sit down have means and the amount of debt i know you have covered on the amount of the lloyd that you are going to leave a bunch of debt to people can't pay and that smell like insolvency. stuart: i keep asking the same questions you and other people from illinois. when does crunch time come? when do we stop lending and when does a lawyer asked the fed's 4 bailout? >> you have lead on this and ask the right questions. illinois continues to fell to get a handle, politicians won't take on the unions, they won't reform pensions and it is becoming dangerous. stuart: w
they want to move states that are dynamic, cutting taxes. look of other states with zero tax rates, they want to move to dynamic economies. stuart: diana workers leave and dynamic companies that want to hire do not come into illinois. that is the connection with the high level of government spending and government debt. >> precisely right. if you think about this is the scary part for illinois, the people who can leave on the ones that have money and they leave so people forced to sit...
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Jan 15, 2013
01/13
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tax dollars don't just come in on april 15th. they come in all the time. >> and the president will be forced to do what you and i and every other american have to do and that is prioritize expenses. if we would not default, prioritize that which must be paid first and then make tough choices as to what is necessary and proper for our government to be spending. that is what we should be doing every day and is, quite frankly, why this president has failed to lead because he just does not believe it. he believes there is no end, and at the end of his term will be somebody else's problem. gerri: it will. >> but here is one piece of advice. there are two big fights coming up, the continuing resolution, the rest of the fiscal year 2013 spending, and there is the debt limit. we have already seen, obama will demagogue. he will send bernanke out to rattle financial markets, bully republicans, and i will be a tough fight to win. on the other hand, if they pick a fight on spending on the continuing resolution, that is where, as we saw in '9
tax dollars don't just come in on april 15th. they come in all the time. >> and the president will be forced to do what you and i and every other american have to do and that is prioritize expenses. if we would not default, prioritize that which must be paid first and then make tough choices as to what is necessary and proper for our government to be spending. that is what we should be doing every day and is, quite frankly, why this president has failed to lead because he just does not...
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Jan 15, 2013
01/13
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backup for the government and the tax code. it is an inefficient way of subsidizing. sandra: a sign we are overtaxing and overregulating corporations and small businesses to the point data want to hire these people so people have to downgrade out of jobs they should be working in and educated to work in and take lower-level service jobs. very much a sign of the times. stuart: the government takes money off of this group to top off the income of that group. that is -- [talking over each other] stuart: that is my take. big money at the story everybody is talking about today, lance armstrong comes clean on informant -- performance enhancing drugs and made millions in prize money and endorsements, raise a lot of money for his cancer charity. we are a forgiving country. we really are. here is the question. will the nation give him a second chance or is he totally finished? we will ask that question. we have a pr executive on whether it lands can have his image and i have my take on mr. armstrong around 10:28 this morning on this pro
backup for the government and the tax code. it is an inefficient way of subsidizing. sandra: a sign we are overtaxing and overregulating corporations and small businesses to the point data want to hire these people so people have to downgrade out of jobs they should be working in and educated to work in and take lower-level service jobs. very much a sign of the times. stuart: the government takes money off of this group to top off the income of that group. that is -- [talking over each other]...
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Jan 15, 2013
01/13
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more taxes. melissa: i feel like i'm going insane here because i feel like there was some sort of conversation about, this is going to be balanced approach. we'll raise taxes. if republicans will give on that we'll go ahead and cut spending. i feel like we have raised taxes and now we'll raise even more taxes and we're still spending like drunken sailors. susan, am i wrong. >> we're not spending like drunken sailers. melissa: we're not? 16 trillion dollar debt. >> 11 trillion he inherited. melissa: that is fine. everyone is at fault. everyone contributed to to this we are in dire straits. we are broke. everyone is at fault. no one is fixing it. >> well, and he is trying to fix it. that is why $4 trillion total reduction if they get to that number, will stablize it and we'll be able to start making invests to see our economy grow. the one silver bullet in deficit reduction is economic growth. we need to get out of this circle we're in right now and start talking about growth. how we start moving t
more taxes. melissa: i feel like i'm going insane here because i feel like there was some sort of conversation about, this is going to be balanced approach. we'll raise taxes. if republicans will give on that we'll go ahead and cut spending. i feel like we have raised taxes and now we'll raise even more taxes and we're still spending like drunken sailors. susan, am i wrong. >> we're not spending like drunken sailers. melissa: we're not? 16 trillion dollar debt. >> 11 trillion he...
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Jan 16, 2013
01/13
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not all will be in taxes of the part will be in cuts and part in taxes. we can't be in place t ignore investments we need to make in infrastructure. there is report out today we could lose $3 trillion over next eight years. melissa: stephen, i'm sure you're chomping at the bit to respond to that? >> look, one thing i will say to president obama he came to office in 2008 saying he would raise taxes. he has done it. this is what the president does. this is the way that he conducted himself in office. if you look back to after he lost and you think was rebuked fairly strongly in the 2010 midterm elections, he came back and gave a state of the union, a couple months later and said, just as susan did, we need to save more because we need more money for investments of the this is the way the president governor earns. he is a tax-and-spend liberal of the old school and i think it's, entirely clear that he could ask for moreaxes. melissa: i feel like i'm going insane here because i feel like there was some sort of conversation about, is is going to be balanced ap
not all will be in taxes of the part will be in cuts and part in taxes. we can't be in place t ignore investments we need to make in infrastructure. there is report out today we could lose $3 trillion over next eight years. melissa: stephen, i'm sure you're chomping at the bit to respond to that? >> look, one thing i will say to president obama he came to office in 2008 saying he would raise taxes. he has done it. this is what the president does. this is the way that he conducted himself...
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Jan 17, 2013
01/13
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a lot to our tax funds the they own nearly 20% of the investments from apple stock is that a good idea? >> it depends going forward. gerri: what happened to a different pot? that is ridiculous. >> the rule that mutual funds you should not have more than 10% of any position. gerri: how many growth fund and value fund with the same stock? i think portfolio managers saw the of run up and wanted to get on board whether not yet matched their portfolio plan they plowed a bunch of money into it. >> there was momentum chasing for sure. apple is going through a major transition in terms of the growth profile. it had a hyper growth period now going forward just a normal good growth period the results in a change of ownership. one year ago more growth fund had the stock with a larger percentage from apple. gerri: by so or hold? >> i would hold for sure. exciting for apple going forward we have patterns of period to go into these periods and then slowed down. you do see the a 25% correction but you cannot predict when it sorts out but they are changing the business model. they will become more bra
a lot to our tax funds the they own nearly 20% of the investments from apple stock is that a good idea? >> it depends going forward. gerri: what happened to a different pot? that is ridiculous. >> the rule that mutual funds you should not have more than 10% of any position. gerri: how many growth fund and value fund with the same stock? i think portfolio managers saw the of run up and wanted to get on board whether not yet matched their portfolio plan they plowed a bunch of money...
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Jan 17, 2013
01/13
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now to taxes and what we're calling many state by state tax revolt. five states are looking to eliminate state income taxes for people and corporations, they are louisiana, kansas, north carolina, oklahoma, and nebraska. if you wouldn't know it, the governor of nebraska, david henman is here and he's going to explain. thanks for joining us this morning. all of a sudden, did these states have the same epiphany or the same realization that there's only way to get the local economies going and that would be to change their taxes? >> well, i would tell you, charles, we have all looked at the economy that we're competing in, which is worldwide, and we know we need to be more tax competitive. i want to create more jobs in this state, our state, for citizens and higher paying jobs and the way to do that is to have lower income tax rates and corporate rates and in our particular case, i'm proposing the complete elimination of the income tax and the corporate tax rate. we do that by repealing some of the sales tax exemptions that we've granted over the years,
now to taxes and what we're calling many state by state tax revolt. five states are looking to eliminate state income taxes for people and corporations, they are louisiana, kansas, north carolina, oklahoma, and nebraska. if you wouldn't know it, the governor of nebraska, david henman is here and he's going to explain. thanks for joining us this morning. all of a sudden, did these states have the same epiphany or the same realization that there's only way to get the local economies going and...
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Jan 15, 2013
01/13
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do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl: that's right. 3 #% yield hit again on ford. the stock is climbs and climbing back to the debt ceiling debate, in 2012 # coming into 2013 were concerns about consumer spending. government numbers out, retail sales better. does that give you hope? is that why you are bullish at this point for 2013? >> yes. i mean our economy plods along and improves looking at real estate, consumer spending, major purchases such as auto. once again, i make the statement that once washington gets out of the way, we really think that the financial markets based upon where
do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl:...
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Jan 19, 2013
01/13
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>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pushing this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this money is invested? >> now with about the initiative another large tax increase in history now by $50 billion. but they are lying. revenue projections will not come true. the balanced budget looks good in jittery but then the revenues come of you say it is a shortfall. it could be a billion or $30 billion. we will see that happen again. john: chuck devore you moved to texas? >> the states are so similar. population, the second and third states with land mass mass, more similar than different, both last with natural resources and a coastline with ports. similar on the surface why
>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pushing this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this...
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Jan 18, 2013
01/13
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tracy: you have low corporate taxes, low real estate taxes for commercial properties. i would think it'd be pretty easy to wear the businesses in. what stops them? >> we have had great success working with california businesses. our strategy is to work with california businesses looking to expand their operations outside of california. in addition to that we are working with arizona businesses looking for a new market. the ninth larges next largest ee world and proximity to california is a real business advantage. tracy: getting some pretty good tax breaks. can the state continue to afford to offer such good deals? >> our governor and our state legislature have aggressively been putting into and enacting policies and laws to increase opportunities for businesses that are successful. they have run two very aggressive agendas to ensure we have a pro-business environment, less regulation, the focus in arizona is to ensure businesses can succeed. tracy: do provide a breakdown of how much they would see if they came to arizona? >> absolutely. a very comprehensive strategy.
tracy: you have low corporate taxes, low real estate taxes for commercial properties. i would think it'd be pretty easy to wear the businesses in. what stops them? >> we have had great success working with california businesses. our strategy is to work with california businesses looking to expand their operations outside of california. in addition to that we are working with arizona businesses looking for a new market. the ninth larges next largest ee world and proximity to california is...
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Jan 17, 2013
01/13
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when you are looking for your friend, maybe you are wanting to tax them. you cannot take it one step further and you can actually call them. facebook is trying to keep its site more sticky. we had graph search on earlier this week. this voice over ip addition will keep people from using other competitive products. no hardware, a software facebook phone. there you have it. connell: we will see if it works. thank you, shibani. dagen: we have some very critical news to bring you. a tent situation in algeria americans are among those being held. a drone is being used to monitor the situation. connell: we have mike baker with us now. what is your take? >> it is conflicting news. there is very little coverage. this is a remote region. this is a part of algeria that is kind of a waste land. this is all that nothing happens in a bubble in this region. the algerian army has been fighting extremists for years and years and years. it was an incredibly dangerous place to be. the armed islamic group was out there fighting the army and you lost hundreds of thousands of
when you are looking for your friend, maybe you are wanting to tax them. you cannot take it one step further and you can actually call them. facebook is trying to keep its site more sticky. we had graph search on earlier this week. this voice over ip addition will keep people from using other competitive products. no hardware, a software facebook phone. there you have it. connell: we will see if it works. thank you, shibani. dagen: we have some very critical news to bring you. a tent situation...
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Jan 17, 2013
01/13
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lori: one tax stock or company helping you file your tax returns is hitting a 52-week high. is there more upside the head? melissa: and retirement age racing. they plan to increase the retirement age to 70. a look at metals as we head out to break. gold trading higher by half a percentage point. copper leading the way from a percentage point of view. we will be right back. melissa: as with every 15 minutes, let's check the market. nicole is watching. nicole: i am, indeed. this is a name that has headlines and number one performer in the s&p 500 today. stellar performance, up 9.5%. there is quite a bit going on with cbs. they're turning their north and south american outdoor advertising divisions, putting some billboard divisions up for sale. one analyst says a split could unload asset values between 5,000,000,006,000,000,000. here is a one-year chart that shows you how well they set up for the one-year period the tenure charge shows how we went through the crisis. recouped all those losses and still better than it was prior to that. however back in 2000, '99, 2000, but it da
lori: one tax stock or company helping you file your tax returns is hitting a 52-week high. is there more upside the head? melissa: and retirement age racing. they plan to increase the retirement age to 70. a look at metals as we head out to break. gold trading higher by half a percentage point. copper leading the way from a percentage point of view. we will be right back. melissa: as with every 15 minutes, let's check the market. nicole is watching. nicole: i am, indeed. this is a name that...
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Jan 17, 2013
01/13
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their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being hre. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when it gets even better. good night from new york. ♪ [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau egalzoom helps you get personalized and affordable legal protection. in most states, a legal plan at
their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being hre. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when...
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Jan 14, 2013
01/13
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tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second highest level in history and the highest in 11 years. emerging-market equity funds saw the biggest inflow reheat to cover teeseven and a half billion. ceo of edelman financial services joins me now. when regular investors finally get interested in equity says it mean it is almost over? >> ordinarily i would agree it to my yes, it does, but not this time. you know why? it has been five years since ordinary consumers have had any confidence at all in the u.s. stock market. finally, after watching the stock market r
tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second...
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Jan 17, 2013
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their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being here. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when it gets even better. good night from new york. ♪ with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ rth ] olaf's small busins earns 2% cash back on every purchase, ery day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? or double miles on every purchase, every day! have g
their ability did carry a bigger tax to fund a tax has been degraded. lou: i think last -- less characterized as remnants then a diffuse, disparate, and not always organized group of elements. >> that can be more dangerous. >> look at mali now. they're beating the french army. lou: the hostage-taking in algeria, seeking leverage because of that conflict. we thank you all for being here. appreciated. that's it for us tonight. we appreciate you being with us. be with us tomorrow when...
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Jan 15, 2013
01/13
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they should not be able to raise taxes on our young people by putting congress. gerri: we should start calling and -- will calling him emperor obama. [laughter] >> i already do. gerri: and governor pataki. the animated series the simpson first premier to become an instant hit. the longest-running animated program running 24 seasons and 515 episodes. parsons and was the favorite character and the fans at its peak more than 1 million shares were sold bringing in $2 million of revenue. then "the simpsons" movie was released worldwide grossing 527 million by 2011 the show made it $1 billion of profits and has a star on the hollywood walk of fame. the first fox show to break into the top 10 ratings its premiere in 23 years ago today. new report showed 2013 did have a bigger housing recovery. stay with us. ♪ gerri: 2013 housing forecaster out and looking good. gerri: well this year is shaping up to be a great year for housing. forecasting prices to soar after 7.5% lesser. total home sales for the year marking the first increase since 2005. joining me now, vice chairm
they should not be able to raise taxes on our young people by putting congress. gerri: we should start calling and -- will calling him emperor obama. [laughter] >> i already do. gerri: and governor pataki. the animated series the simpson first premier to become an instant hit. the longest-running animated program running 24 seasons and 515 episodes. parsons and was the favorite character and the fans at its peak more than 1 million shares were sold bringing in $2 million of revenue. then...
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Jan 21, 2013
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they file taxes. now, i know you are against refunds, but do you think it's possible they delay refunds? >> i'm hopeful it's not. i think the reality is congress will do the right thing. possibly suspend the debt ceiling, allow for, you know, lenders to get paid both, you know, people holding treasuries as well as people who are actually lending the government money expecting a refund. gerri: if this gambit from the republicans does not work, are some at risk after not getting the refund? >> anything's possible. look, at the end of the day, if the ceiling is not raised and restrict expenses somewhere, refunds could be down the road. irs says if you electronically file, expect a refund within ten days, similar to last year, but, you know, they could say that now not knowing what's going to happen just, you know, a few weeks from now. gerri: we have no idea. the reality is the irs does not control this. >> absolutely not. gerri: that they have to react,d it takes a long time to make changes that need to
they file taxes. now, i know you are against refunds, but do you think it's possible they delay refunds? >> i'm hopeful it's not. i think the reality is congress will do the right thing. possibly suspend the debt ceiling, allow for, you know, lenders to get paid both, you know, people holding treasuries as well as people who are actually lending the government money expecting a refund. gerri: if this gambit from the republicans does not work, are some at risk after not getting the refund?...
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Jan 18, 2013
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>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pusng this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this money is invested? >> now with about the initiative another large tax increase in history now by $50 billion. but they are lying. revenue projections will not come true. the balanced budget looks good in jittery but then the revenues come of you say it is a shortfall. it could be a billion or $30 billion. we will see that happen again. john: chuck devore you moved to texas? >> the states are so similar. population, the second and third states with land mass mass, more similar than different, both last with natural resources and a coastline with ports. similar on the surface why ar
>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pusng this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this money...
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Jan 16, 2013
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and call it a liberal tax. the conservative restaurant owner charges left-wing moore for their drink and donate the cash to right-wing causes. is it a boom for his business? the owner serves as a big helping of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day winning streak falling 23 points. more turbulence for boeing 787 dreamliner. a faulty battery forced an emergency landing of a 787 in japan after a result the japan airlines are grounding their entire dreamliner flight facing safety inspections. shares of boeing fell more than 3%. hewlett-packard rallied more than 4% reported they received buyer interest for the edf units in recent days, however sources say no major sailors coming anytime soon. but we have to move on to the story that everybody is talking about. president obama signing 23 separate executive actions on gun violence today. and those act
and call it a liberal tax. the conservative restaurant owner charges left-wing moore for their drink and donate the cash to right-wing causes. is it a boom for his business? the owner serves as a big helping of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day winning streak falling 23 points. more turbulence for boeing 787...
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Jan 18, 2013
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the 9 billion is all tax deductible. the irs says the compensation to homeowners as the cost incurred in the course of doing business and is not a fine or penalty but the result of wrongdoing. i say if they didn't do anything wrong there probably wouldn't be showing -- shelling of billions of dollars. we should not be footing any part of the bill for the mistake . as one homeowner put it, the government comes after us for every little bit of money we have. that's because we aren't too big to fail. we just have to bail out the ones that are. that's what i think. now we want to know what you think. here's our question. should banks be allowed to deduct the mortgage settlement? log on to gerriwillis.com, vote on the right inside the screen and all share the results of the end of the show. not to the latest developments in the hostage situation in algeria. one american reportedly dead a takeover and natural gas plant by islamic militants. algerian news agencies report around 100 foreign workers are freed. the fate of 30 othe
the 9 billion is all tax deductible. the irs says the compensation to homeowners as the cost incurred in the course of doing business and is not a fine or penalty but the result of wrongdoing. i say if they didn't do anything wrong there probably wouldn't be showing -- shelling of billions of dollars. we should not be footing any part of the bill for the mistake . as one homeowner put it, the government comes after us for every little bit of money we have. that's because we aren't too big to...
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Jan 16, 2013
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not only do you have to raise the debt ceiling but you -- the republicans have to agree raise taxes. who house th has the gun
not only do you have to raise the debt ceiling but you -- the republicans have to agree raise taxes. who house th has the gun
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Jan 16, 2013
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>> well, look, a lot of what has us here is tax cuts, and i know you don'tment to hearment want t taxes are l. neil: just keep raising them? >> we need a combination, a planned approach -- neil: like a 40 to 1 tax hike to spending cut deal. >> are you kidding? we've done $1.8 trillion of spending cuts. >> woe okay woe, wait, where are these spending cuts, they are always in the future, all in the future. actual spending we spending 25 pierc25%more now. >> you have to cut it in the future. neil: we have spend a hell of a lot of time talking over one another that always helps me, when we come back, get the flu shot or another job? can a boss do that. several bosses, who did that. and there is nothing, nothing that the workers could do about it. nothing. look at jimmy carter, i always knew he was watching me, now i knew he was watching me, now i have the [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investme
>> well, look, a lot of what has us here is tax cuts, and i know you don'tment to hearment want t taxes are l. neil: just keep raising them? >> we need a combination, a planned approach -- neil: like a 40 to 1 tax hike to spending cut deal. >> are you kidding? we've done $1.8 trillion of spending cuts. >> woe okay woe, wait, where are these spending cuts, they are always in the future, all in the future. actual spending we spending 25 pierc25%more now. >> you have...
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Jan 16, 2013
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>> well, look, a lot of what has us here is tax cuts, and i know you don'tment to hearment want t taxes are low. neil: just keep raising them? >> we need a combination, a planned approach -- neil: like a 40 to 1 tax hike to spending cut deal. >> are you kidding? we've done $1.8 trillion of spending cuts. >> woe okay woe, wait, where are these spending cuts, they are always in the future, all in the future. actual spending we spending 25 pierc25%more now. >> you have to cut it in the future. neil: we have spend a hell of a lot of time talking over one another that always helps me, when we come back, get the flu shot or another job? can a boss do that. several bosses, who did that. and there is nothing, nothing that the workers could do about it. nothing. look at jimmy carter, i always knew he was watching me, now i have the proof. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real
>> well, look, a lot of what has us here is tax cuts, and i know you don'tment to hearment want t taxes are low. neil: just keep raising them? >> we need a combination, a planned approach -- neil: like a 40 to 1 tax hike to spending cut deal. >> are you kidding? we've done $1.8 trillion of spending cuts. >> woe okay woe, wait, where are these spending cuts, they are always in the future, all in the future. actual spending we spending 25 pierc25%more now. >> you...
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Jan 14, 2013
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the law was hotly debated, it is a law and they should not be able to raise the taxes particularly taxes on our young people simply by avoiding congress. gerri: george pataki, thank you for coming on the show tonight, thank you very much. >> thank you. gerri: it was this day in business back in 1990, fox's animated series "the simpsons" first premiered and became an instant hit. the half-hour sitcom islamist running american program so far running 24 seasons and 515 episodes. in the early 90s toward simpson was america's favorite character in fact introduced during its peak. for the 1 million shares sold on a given day bringing in $2 billion in revenue during the first 14 months. in 2007 the simpsons movie was released in theaters worldwide. it grossed $527 million sold $750 million in simpson's related merchandise. by 2011 the show made $1 billion in profits. this initiative 25 emmy nominations or awards and a star on the hollywood walk of fame. the first fox show to break into the top 10 in the ratings, "the simpsons" premiered o permit ons business day january 14, 23 years ago today.
the law was hotly debated, it is a law and they should not be able to raise the taxes particularly taxes on our young people simply by avoiding congress. gerri: george pataki, thank you for coming on the show tonight, thank you very much. >> thank you. gerri: it was this day in business back in 1990, fox's animated series "the simpsons" first premiered and became an instant hit. the half-hour sitcom islamist running american program so far running 24 seasons and 515 episodes. in...
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Jan 16, 2013
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what to do with the tax man on a queue. don't go away gerri: the story of the tax payers dreadnoughts. one in every age we win that one in 2011. you can expect even more this year. especially for those high income earners. so what happens next? we have your bottom line coverage of crucial test in navigating the process. when he is the founder and president of diversified financial consultant. welcome back to the show. >> thank you. gerri: i was mentioning that the irs really win after its people last year. how is this different? >> well, they go where the money. lots of people have the money. more important, they are targeting small business owners and these are the guys are taking, they have targeted them and that is where the money is. gerri: okay, a lot of people will not be happy to hear that. let's talk about the rest. >> once people get dreaded notice in the mail, typically that is the irs looking for classification and clarification of information. they can come to your office to your account office. >> so i have hav
what to do with the tax man on a queue. don't go away gerri: the story of the tax payers dreadnoughts. one in every age we win that one in 2011. you can expect even more this year. especially for those high income earners. so what happens next? we have your bottom line coverage of crucial test in navigating the process. when he is the founder and president of diversified financial consultant. welcome back to the show. >> thank you. gerri: i was mentioning that the irs really win after its...
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Jan 15, 2013
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even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay the mortgage or rent first to keep a roof over our head, we prioritize, so does uncle sam like we know we might as well toss our home good-bye. the government knows a default comes only, when obligations to spreadtorcreditors or investorst paid. that is their mortgage emergencies, that upsetting the other stuff, defaulting it is not, that is why some republicans are paying so tough, raise but only if you match in equal spending cut, president said that is crazy, tea party activist thinks that going through this shar charade is cr, what do you think? >> i am so glad that you are pointing this out, i think it is so irresponsible -- i know that very few others in the media are going to point this out. this is a perpetual problem, it is a lie. and it is u
even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay the mortgage or rent first to keep a roof over our head, we prioritize, so does uncle sam like we know we might as well toss our home good-bye. the government knows a default comes only, when...
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Jan 17, 2013
01/13
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cpa or tax attorney. >> i would've thought he would've said so everything you know about whatever the issue is -- you are a lot more circumspect than that. >> yes, the letters you get in the mail will have a specific item that they're looking for. they could be looking at things like your expenses or business expenses into their questions and be very specific. gerri: okay, you said small businesses were targeted in 2013. let's talk about why. >> if you look at the average taxpayer, a w-2, there isn't much pushback. a small business owner has a lot of expenses. the uk the car after dinner wa't your wife? the irs is targeting where the money is. a lot of the expenses are up for grabs. >> they are high income taxpayers, these are the people who are in the crosshairs. foreign transactions would be more likely. is that i? >> is possible, especially for a larger business owner. i think travel entertainment and things like that are expensive. anything that. you know, we define a small-business owner and under a hundred employees. we can be substantial employees. gerri: a lot of businesses us
cpa or tax attorney. >> i would've thought he would've said so everything you know about whatever the issue is -- you are a lot more circumspect than that. >> yes, the letters you get in the mail will have a specific item that they're looking for. they could be looking at things like your expenses or business expenses into their questions and be very specific. gerri: okay, you said small businesses were targeted in 2013. let's talk about why. >> if you look at the average...